Defeat for Marine Le Pen in the French election on Sunday would boost risk appetite generally, say fund managers. But US equities are widely viewed as overvalued.
Most believe victory for National Front leader Marine Le Pen in the French election would have a sharp negative impact on Asian assets. But some take a rather different view.
Investors are worried about the risk of a Marine Le Pen victory in France's upcoming election. But Brexit reveals that economics often trumps politics when it comes to asset movements.